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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
Jash Engineering Limited is an India-based company that is involved in the business of designing and manufacturing a wide range of equipment for water intake systems, water and wastewater pumping stations and treatment plants, storm water pumping stations, water transmission…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A middling, steadily growing business, priced for perfection.
JASH ENGINEERING LIMITED is scored on the general / industrial framework. It keeps a slim 10.0% of every rupee of sales as net profit. Cash conversion lags the reported profit (CFO/PAT 0.74×) — worth a closer look. Free cash flow is worth about 0.9% of its market value.
Over the last 3 years revenue compounded at 22%/yr and profit at 14%/yr. Book value itself has compounded 30%/yr — the hallmark of a genuine compounder. Return on equity is a healthy 16.5%. In the latest quarter profit fell 91% versus the prior quarter.
At 45× earnings, the stock sits at the 85th percentile of its own 3.6-year range — the expensive end of where it has historically traded. Today's price implies ~18%/yr earnings growth for a decade. The books come through clean — a forensic grade of A, and Altman puts distress risk in the safe zone.
A plain-English restatement of the figures on this page — rules-based, for education and research context, not investment advice or a recommendation.
| Ratio | Company | Sector | Read |
|---|---|---|---|
| P/E | 38.26 | 13.83 | worse |
| P/B | 6.31 | 5.03 | worse |
| EV/EBITDA | 24.2 | 9.51 | worse |
| ROE | 16.5 | 10.2 | better |
| ROCE | 18.4 | 12.05 | better |
| ROA | 9.97 | 4.66 | better |
| Quick Ratio | 1.4 | 3.69 | worse |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| Cummins India | 49.9 | 13.5 | 27.1% |
| Welspun Corp | 24.6 | 5.5 | 22.3% |
| Indo-mim | 109.9 | 21.2 | 23.4% |
Revenue has grown every year across all 4 financial years shown. 22% CAGR over 3 years — high-growth territory. Growth is decelerating — latest year grew slower than the year before.
Profit is on a 2-year growth streak. Revenue is outpacing profit (22% vs 13%) — costs are rising faster than the top line.
Operating margin has compressed from 14% to 12% — costs or competition are eating into profitability.
ROE at 14% — a respectable return on shareholder capital. Capital efficiency declining — ROE down 7pp.
EPS dropped in the latest year despite possible profit changes — dilution or a profit dip could be at play. Profit grew faster than EPS (13% vs -35%) — share dilution is eroding per-share value. -35% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
Operating cash flow has been positive every year — the business generates real cash, not just accounting profit. Heavy investing spend every year, but operations generate enough to cover it — the business self-funds its growth. Financing outflows in consecutive years — balance-sheet discipline through debt repayment or dividends.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue fell 48% QoQ — could be seasonality or a genuine slowdown. Wide quarterly swings (48% spread) — likely seasonality, lumpy orders, or project-based revenue. Run-rate stepping up — recent quarters average 41% above earlier ones.
Profit fell 91% QoQ — one-quarter drops can be noise, but a pattern matters. Quarterly margins are compressing (7% → 3%) — more revenue isn't translating to proportionally more profit.
How today's P/E compares to the stock's own historical range. Dashed line = the 3.6y median.
Promoters at 43.2% — dispersed ownership; institutional flows drive the stock.
Produced by a rules-based engine over licensed exchange fundamentals — every sentence above is derived from the numbers shown, no analyst or AI opinion involved. Education and research context, not investment advice. We are not SEBI-registered as an Investment Adviser or Research Analyst.